# Consensys, Joe Lubin Lead $425M Investment in Public Market ETH Corporate Treasury

*Author: Bankless*
*Published: May 28, 2025*
*Source: https://www.bankless.com/de/read/consensys-joe-lubin-lead-425m-investment-in-public-market-eth-corporate-treasury*

---

SharpLink Gaming raised $425M, led by Consensys, to establish an Ethereum treasury, driving a 420% surge in its stock price. 

## **What’s the Scoop?**
- **Fundraising Milestone**: SharpLink raised $425M to allocate into Ethereum for its corporate treasury, signaling a significant strategic pivot.
- **Consensys Leadership**: The raise was spearheaded by Consensys, with CEO and Ethereum co-founder Joseph Lubin set to join SharpLink’s board.
- **Stock Surge**: SharpLink’s Nasdaq shares saw a 420% spike following the announcement, reflecting investor excitement over the Ethereum-focused strategy.
---

*This article is brought to you by [MetaMask](https://www.bankless.com/de/sponsor/metamask-1776260643?ref=read/consensys-joe-lubin-lead-425m-investment-in-public-market-eth-corporate-treasury)*